Potential distribution near an important level Short entry after Market Structure Break and test as resistance, targeting the next relevant liquidity level. Risk/Reward Ratio: 1 to 4
CONTEXT Potential shakeout of September High > Reentry with verticality and strength > Currently testing level as resistance PLAN Market SHORT with stop loss above the deviation and targeting the next relevant liquidity level, near the previous weekly low Risk Reward Ratio: 1 to 3
CONTEXT Potential shakeout from September High > Reentry with verticality and strength > Currently testing level as resistance PLAN Market SHORT with stop loss above the deviation and targeting October low Risk Reward Ratio: 1 to 3
CONTEXT: Potential shakeout from Previous Weekly High > Reentry with verticality and strength > Market Structure Break > Test at S/R flip EXECUTION: Market SHORT on the pullback with stop loss above large bearish candle and targeting next relevant liquidity level Risk Reward Ratio: 1 to 2.65
CONTEXT: Potential shakeout from September high > Reentry with verticality and strength > Market Structure Break EXECUTION: Market SHORT on the pullback with stop loss above September high and targeting previous weekly low Risk Reward Ratio: 1 to 3
CONTEXT: Potential shakeout from September high > Reentry with verticality and strength > Market Structure Break (H4) PLAN: - Open SHORT on the pullback - Stop loss above September high - Targeting September lows - Risk Reward Ratio: 1 to 5
CONTEXT: Potential shakeout > Reentry with verticality and strength > Market Structure Break PLAN: - Open short on the pullback - Stop loss: above the large bearish candle - Target: lower limit of the range - Risk Reward Ratio: 1 to 5
$IOTA Key support level to watch at $0.2473. So far, it has managed to close the weeks above it. As long as it stays above, we might expect a bullish reaction. Otherwise, it will likely visit the next relevant level at $0.12. Weekly chart.
As long as it fails to break this resistance the most likely scenario is a bearish continuation, with next target at $22.17. Weekly chart.
$BTC Short at 4H supply zone refining the enter with 15 and 5 min supply zones, targeting FVG at H4 timeframe.
$WISH (Contextlogic INC) Long. - Mitigation of Daily Demand zone after creating a HH (BOS). - Bullish engulfing candle created at Demand zone. - Targeting Weekly Supply zone. - Tight stop loss just below Demand zone. *Daily Timeframe
$WAX holding since days ago above this beautiful R/S flip level. Daily chart.
Many important levels such as Vpoc, 75% retracement and R/S flip, converge in this area, so I think a bounce here could be very likely.
$BABA at key Support. Also key levels to watch below, in case this support does'nt hold. Weekly chart.
$SLRX on historical support. Key level to watch. Daily chart.
$TRIP reaction at key level with a bullish engulfing candle on daily chart.
$SLP Plan for a Long at demand zone, targeting key resistance. 2h chart.
$WTRH Long. Area of confluence between R/S flip + demand zone + 0.618 fib. retracement. Daily chart.